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Union Budget 2025: A Strategic Plan for Logistics Growth

02/03/2025
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Union Budget 2025: A Strategic Plan for Logistics Growth

by Mich M.
02/03/2025
in Logistics & Transportation

The Union Budget 2025 presents a strategic roadmap aimed at fostering the growth of the logistics and industrial sectors, with a strong emphasis on infrastructure development. This plan is expected to lead to reduced logistics costs and enhanced domestic manufacturing, resulting in more efficient supply chains.

One of the key focuses of the budget is the enhancement of the PM Gati Shakti national multi-modal connectivity plan. Improvements include better digital infrastructure, such as geospatial land records, upgrades to air cargo facilities, and the introduction of the Bharat Trade Net platform, which is designed to simplify trade documentation processes.

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Experts in the real estate sector anticipate that the boost to manufacturing and logistics will drive increased industrial and warehouse leasing activity in tier I and II cities. Demand for industrial sheds and warehouses could rise significantly, with projections of up to 30-40 million square feet of leasing activity across key markets.

Central to these efforts is the development of digital infrastructure under the PM Gati Shakti plan, which aims to enhance data mapping, attract investment, encourage private sector involvement, and improve the overall efficiency of logistics operations.

Explore the newest supply chain news at The Supply Chain Report. Visit ADAMftd.com for free international trade tools.

#UnionBudget2025 #LogisticsGrowth #InfrastructureDevelopment #PMGatiShakti #SupplyChainEfficiency

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  • Home
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    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
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  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
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  • Industry
    • Blockchain in Supply Chain
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    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
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© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.